Leonardo DRS
DRS

$26.34

4.8%

Market Cap: $6.94B

About: Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The company is in the design, development and manufacture of Advanced sensing, network computing, force protection and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue and Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designs, develops and manufactures sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution by the customers.

Employees: 6,600

Industrials Search, Detection, Navigation, Guidance, Aeronautical Systems

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

38% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 50

18% more capital invested

Capital invested by funds: $1.49B [Q1] → $1.76B (+$271M) [Q2]

0.55% more ownership

Funds ownership: 25.73% [Q1] → 26.29% (+0.55%) [Q2]

3% less funds holding

Funds holding: 174 [Q1] → 169 (-5) [Q2]

17% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 30

53% less call options, than puts

Call options by funds: $5.68M | Put options by funds: $12.1M

67% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$30

14%

upside

Avg. target

$31

18%

upside

High target

$33

25%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

BTIG Andre Madrid 62% 1-year accuracy 8 / 13 met price target	25%upside $33	Buy Maintained	1 Aug 2024
Truist Securities Michael Ciarmoli 64% 1-year accuracy 37 / 58 met price target	22%upside $32	Buy Maintained	31 Jul 2024
Baird Peter Arment 76% 1-year accuracy 16 / 21 met price target	14%upside $30	Outperform Maintained	31 Jul 2024
Truist Securities Michael Ciarmoli 64% 1-year accuracy 37 / 58 met price target	14%upside $30	Buy Maintained	17 Jul 2024
BTIG Andre Madrid 62% 1-year accuracy 8 / 13 met price target	14%upside $30	Buy Initiated	26 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about DRS published over the past 30 days

Leonardo DRS Awarded $117 Million Production Order for Family of Weapon Sights

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army. The production order for $117 million was made under the current Family of Weapon Sights – Individual (FWS-I) IDIQ contract. Leveraging DRS's uncooled thermal imaging technology, FWS-I is a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems including the en.

Leonardo DRS Awarded $117 Million Production Order for Family of Weapon Sights

Leonardo DRS Awarded $49 Million Contract for Additional Advanced Joint Assault Bridge Systems

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to build additional advanced Joint Assault Bridge systems for the U.S. Army and the Romanian military (through a Foreign Military Sales agreement). Under the contract, the award is worth more than $49 million. The Joint Assault Bridge (JAB) is a next-generation track-wheeled armored engineer vehicle built on a modified M1A1 Abrams Main Battle Tank chassis. It is designed to deli.

Leonardo DRS Awarded $49 Million Contract for Additional Advanced Joint Assault Bridge Systems

Zacks Investment Research

Are Aerospace Stocks Lagging Leonardo DRS, Inc. (DRS) This Year?

Here is how Leonardo DRS, Inc. (DRS) and Vertical Aerospace Ltd. (EVTL) have performed compared to their sector so far this year.

Are Aerospace Stocks Lagging Leonardo DRS, Inc. (DRS) This Year?

Leonardo DRS Awarded $52 Million Follow-On Production Order for Sniper Weapon Sights

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has received an order for continued production of its advanced Sniper Weapon Sights for U.S. Army snipers. The recently awarded production order for $52 million was made under the current Family of Weapon Sights–Sniper (FWS-S) IDIQ contract. Incorporating DRS's proven cooled infrared imaging technology, FWS-S is a clip-on thermal weapon sight used in conjunction with existing daytime sniper optics to provi.

Leonardo DRS Awarded $52 Million Follow-On Production Order for Sniper Weapon Sights

Zacks Investment Research

Reasons to Add Leonardo DRS (DRS) Stock to Your Portfolio Now

Leonardo DRS (DRS) makes a strong case for investment in the aerospace sector, given its long-run growth prospects, low debt and rising backlog.

Reasons to Add Leonardo DRS (DRS) Stock to Your Portfolio Now

Zacks Investment Research

3 Defense Equipment Stocks to Buy Amid Solid Air Traffic View

Aerospace-defense equipment stocks continue to face persistent supply-chain issues, which are likely to be offset by steadily growing air travel and valuable acquisitions. You may buy TDG, HEI and DRS.

3 Defense Equipment Stocks to Buy Amid Solid Air Traffic View

Leonardo DRS: Fundamental Economics Fully Captured At Starting Multiples

Leonardo DRS, Inc. provides defense technology to US national security customers and allies globally. The business produced strong Q2 earnings with demand and pricing driving top-line growth. Based on the investment facts DRS appears fairly valued with a downside skew due to high expectations embedded in current valuations.

Leonardo DRS: Fundamental Economics Fully Captured At Starting Multiples

Zacks Investment Research

Is Leonardo DRS, Inc. (DRS) Stock Outpacing Its Aerospace Peers This Year?

Here is how Leonardo DRS, Inc. (DRS) and Vertical Aerospace Ltd. (EVTL) have performed compared to their sector so far this year.

Is Leonardo DRS, Inc. (DRS) Stock Outpacing Its Aerospace Peers This Year?

U.S. Navy Awards Leonardo DRS $417 Million Contract for Submarine Combat System Hardware

ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract by the U.S. Navy to provide critical electronic combat control and sonar systems equipment for installation across the service's fleet of submarines and allied fleets. The contract ceiling is more than $417 million. The Technology Insertion Hardware TI-26 indefinite delivery/indefinite quantity contract will provide design, procurement, production, sparing, test, installation, and su.

U.S. Navy Awards Leonardo DRS $417 Million Contract for Submarine Combat System Hardware

Leonardo DRS, Inc. (DRS) Q2 2024 Earnings Call Transcript

Leonardo DRS, Inc. (NASDAQ:DRS ) Q2 2024 Results Conference Call July 30, 2024 10:00 AM ET Company Participants Steve Vather - SVP, IR & Corporate Finance Bill Lynn - Chairman & CEO Mike Dippold - CFO Conference Call Participants Robert Stallard - Vertical Research Alex Ladd - JPMorgan Andre Madrid - BTIG Mariana Perez Mora - Bank of America Sam Struhsaker - Truist Securities Jon Tanwanteng - CJS Securities Jan-Frans Engelbrecht - Baird Operator Thank you for standing by. Welcome to Leonardo DRS Second Quarter 2024 Earnings Call.

Leonardo DRS, Inc. (DRS) Q2 2024 Earnings Call Transcript

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